Hustlebuddy
Regular Member
- Aug 21, 2024
- 207
- 60
It feels like the excitement around NFTs has slowed down a lot compared to the big boom a few years ago. Back then everyone was talking about digital art, collectibles and profile pictures selling for huge amounts. Over time interest dropped because of market crashes, scams and people realizing that many projects did not offer real value.
Even so NFTs have not disappeared. The Ethereum Foundation recently launched "TORCH NFT" to celebrate their 10th anniversary which shows that big players still believe in the technology. Platforms like LiveArt are also bringing new ideas by connecting NFTs with real world assets and trying to give them more practical use beyond just art and collectibles.
This raises the question of whether NFTs could become popular again in this circle. If the focus moves from hype driven projects to real use cases such as gaming digital identity music rights and real world asset tokenization there is a chance that the excitement could return in a stronger and more lasting way. What's your thoughts
Even so NFTs have not disappeared. The Ethereum Foundation recently launched "TORCH NFT" to celebrate their 10th anniversary which shows that big players still believe in the technology. Platforms like LiveArt are also bringing new ideas by connecting NFTs with real world assets and trying to give them more practical use beyond just art and collectibles.
This raises the question of whether NFTs could become popular again in this circle. If the focus moves from hype driven projects to real use cases such as gaming digital identity music rights and real world asset tokenization there is a chance that the excitement could return in a stronger and more lasting way. What's your thoughts